• Latest
  • Trending
  • All
  • News
  • Business
  • Politics
  • Science
  • World
  • Lifestyle
  • Tech
Sunway Sanctuary occupancy climbs to 75% as demand for senior living grows

Sunway Sanctuary occupancy climbs to 75% as demand for senior living grows

May 9, 2026
YesAsia Holdings Replicates Record High Half-Year Results: Revenue Grows 23.2% to US$301.51 Million; Net Profit Surges 30.0% to US$18.30 Million

YesAsia Holdings Replicates Record High Half-Year Results: Revenue Grows 23.2% to US$301.51 Million; Net Profit Surges 30.0% to US$18.30 Million

August 29, 2026
Berjaya Corp registers revenue of RM8.99 billion for FY26

Berjaya Corp registers revenue of RM8.99 billion for FY26

August 29, 2026
CIMB delivers net profit of RM1.93 billion for second quarter 2026

CIMB delivers net profit of RM1.93 billion for second quarter 2026

August 29, 2026
Mah Sing second-quarter net profit up 9.8% year-on-year to RM72.47 million

Mah Sing second-quarter net profit up 9.8% year-on-year to RM72.47 million

August 29, 2026
RHB Bank Q2 net profit rises slightly to RM807.15 million

RHB Bank Q2 net profit rises slightly to RM807.15 million

August 29, 2026
Supermax achieves turnaround in Q4 with pre-tax profit of RM35.15 million

Supermax achieves turnaround in Q4 with pre-tax profit of RM35.15 million

August 29, 2026
The rise and fall of the world’s superjumbo A380

The rise and fall of the world’s superjumbo A380

August 29, 2026
China’s robots are faster than humans

China’s robots are faster than humans

August 29, 2026
Hackers use SpaceX’s AI tool to attack seven companies

Hackers use SpaceX’s AI tool to attack seven companies

August 29, 2026
Pahang MSMEs Encouraged to Tap Global Markets Through Export Day 2026 - Malaysia SME®

Pahang MSMEs Encouraged to Tap Global Markets Through Export Day 2026 – Malaysia SME®

August 29, 2026
Ringgit firms against US dollar amid Fed signal caution

Ringgit firms against US dollar amid Fed signal caution

August 28, 2026
Dusit brings ASAI Hotels to Malaysia with the opening of ASAI Gamuda Cove – the brand’s largest property to date

Dusit brings ASAI Hotels to Malaysia with the opening of ASAI Gamuda Cove – the brand’s largest property to date

August 29, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, August 29, 2026
  • Login
SME
  • Home
    • Home – Layout 1
    • Home – Layout 2
    • Home – Layout 3
    • Home – Layout 4
    • Home – Layout 5
  • News
    • All
    • Business
    YesAsia Holdings Replicates Record High Half-Year Results: Revenue Grows 23.2% to US$301.51 Million; Net Profit Surges 30.0% to US$18.30 Million

    YesAsia Holdings Replicates Record High Half-Year Results: Revenue Grows 23.2% to US$301.51 Million; Net Profit Surges 30.0% to US$18.30 Million

    Berjaya Corp registers revenue of RM8.99 billion for FY26

    Berjaya Corp registers revenue of RM8.99 billion for FY26

    CIMB delivers net profit of RM1.93 billion for second quarter 2026

    CIMB delivers net profit of RM1.93 billion for second quarter 2026

    Mah Sing second-quarter net profit up 9.8% year-on-year to RM72.47 million

    Mah Sing second-quarter net profit up 9.8% year-on-year to RM72.47 million

    RHB Bank Q2 net profit rises slightly to RM807.15 million

    RHB Bank Q2 net profit rises slightly to RM807.15 million

    Supermax achieves turnaround in Q4 with pre-tax profit of RM35.15 million

    Supermax achieves turnaround in Q4 with pre-tax profit of RM35.15 million

    The rise and fall of the world’s superjumbo A380

    The rise and fall of the world’s superjumbo A380

    China’s robots are faster than humans

    China’s robots are faster than humans

    Hackers use SpaceX’s AI tool to attack seven companies

    Hackers use SpaceX’s AI tool to attack seven companies

    Pahang MSMEs Encouraged to Tap Global Markets Through Export Day 2026 - Malaysia SME®

    Pahang MSMEs Encouraged to Tap Global Markets Through Export Day 2026 – Malaysia SME®

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
  • Tech

    Trending Tags

    • Flat Earth
    • Sillicon Valley
    • Mr. Robot
    • MotoGP 2017
    • Golden Globes
    • Future of News
  • Entertainment
  • Lifestyle

    Trending Tags

    • Golden Globes
    • Mr. Robot
    • MotoGP 2017
    • Climate Change
    • Flat Earth
No Result
View All Result
SME
No Result
View All Result
Home News Business

Sunway Sanctuary occupancy climbs to 75% as demand for senior living grows

by thesun
May 9, 2026
in Business
Reading Time: 3 mins read
Summarize with ChatGPTSummarize with Perplexity

KUALA LUMPUR: Sunway Sanctuary, a healthcare-integrated senior living residence under Sunway Healthcare Group, has seen its occupancy rate climb to 75%, with some nights reaching as high as 89%, driven by growing demand for assisted living, rehabilitation and healthcare-integrated senior living.

The growth reflects the increasing acceptance of professionally managed senior living in Malaysia, where eldercare has traditionally been centred on family-based caregiving.

Sunway Sanctuary general manager Doris Chin Lee Shin said occupancy stood at 30% in its first year of operations before rising to 60% in the second year and 75% this year as awareness and acceptance of integrated senior living gradually improved.

“The growth has been driven by assisted living, postnatal care and medical tourism demand, including patients brought in through Sunway Medical Centre’s international patient centre and business development teams from Indonesia and Cambodia,“ she told a media briefing today.

Chin said medical tourism has become a growing source of demand for Sunway Sanctuary, driven by Sunway Medical Centre’s international patient ecosystem.

She said the residence has received patients and recovery guests from Indonesia, Cambodia, Europe and the United States through referrals from the group’s international patient centre and business development teams.

“There was an American couple travelling through Indochina who discovered Sunway Medical Centre through an artificial intelligence search while seeking treatment before extending their stay at Sunway Sanctuary during recovery.”

Furthermore, Sunway Sanctuary is beginning to see demand for retirement living among foreign residents under the Malaysia My Second Home programme, including retirees from the United Kingdom and Germany.

“We are currently receiving enquiries from Singapore, Australia, the United Kingdom, Germany, Hong Kong and Taiwan, with Singapore remaining one of its strongest markets,“ Chin said.

Malaysia has the potential to position itself as a regional retirement-living hub, supported by its strategic location, accessibility and established healthcare ecosystem, she said. “We are in the hub of Southeast Asia and flight accessibility is there, and we are multilingual and multiracial.”

Chin said Malaysia’s multicultural environment, English-speaking population, traditional Chinese medicine (TCM) ecosystem and private healthcare sector could help attract retirees from regional and international markets, particularly Hong Kong and China.

“We have TCM here in Malaysia, and we also have a good medical centre. We have a good facility and good people around. We are also hospitable in our community.”

The group plans to market Sunway Sanctuary more aggressively to Southeast Asian and European markets, particularly among retirees seeking warmer climates, integrated healthcare access and wellness-oriented living environments.

“Singapore has emerged as one of the strongest markets following roadshows conducted there. We actively go to Singapore every year, twice a year in fact, to market it. And Singaporeans love our product,“ Chin said.

Singapore’s ageing population, higher living costs and land constraints could strengthen Malaysia’s appeal as a regional retirement-living destination, particularly given its lower living costs, healthcare infrastructure and accessibility.

At the same time, Chin said premium senior living could see stronger demand in Malaysia as more Generation X (Gen X) consumers become increasingly open to flexible and lower-maintenance retirement lifestyles.

More Malaysians are becoming open to ageing in professionally managed communities instead of maintaining large family homes. “They want to be flexible. They do not want to have an asset to hold them.”

Chin said many consumers have the financial capacity to consider professionally managed retirement living options.

“We do have our Employees Provident Fund, and on top of that, many Malaysians also have investments and businesses,“ she said.

The residence currently operates 235 rooms in its first phase and is preparing to expand within the same building by adding seven floors, increasing the total room inventory to 456 rooms.

Chin said, “Renovation works are expected to begin this year as demand for assisted living, rehabilitation and healthcare-integrated senior living services continues to grow. The additional floors are expected to cater to rising demand from local and international residents, including post-rehabilitation patients, retirement-living residents and medical tourism-related stays.”

The expansion comes as Malaysia moves towards an ageing nation status by 2030, driving growing demand for healthcare, rehabilitation and professionally managed senior living services.

SummarizeSummarize
thesun

thesun

  • Trending
  • Comments
  • Latest
Europe Inc posts strong earnings, AI gap remains

Europe Inc posts strong earnings, AI gap remains

July 17, 2026
HRX Launches SME-Focused HR Solutions to Help Malaysian Businesses Navigate Rising Compliance Demands - Malaysia SME®

HRX Launches SME-Focused HR Solutions to Help Malaysian Businesses Navigate Rising Compliance Demands – Malaysia SME®

May 25, 2026
Sime Motors Unveils BYD Mansion Macalister to Strengthen EV Experience in Northern Malaysia - Malaysia SME®

Sime Motors Unveils BYD Mansion Macalister to Strengthen EV Experience in Northern Malaysia – Malaysia SME®

May 20, 2026
Progress is All About Deep, Personal Connections at Le Salon Proust - Malaysia SME®

Progress is All About Deep, Personal Connections at Le Salon Proust – Malaysia SME®

May 20, 2026
Malaysia has technical capability to commercialise 100% palm biodiesel: Augustine Ong

Malaysia has technical capability to commercialise 100% palm biodiesel: Augustine Ong

May 31, 2026
China rejects US sanctions on refineries over Iranian oil links

China rejects US sanctions on refineries over Iranian oil links

0
Japan, Vietnam seek deeper energy, mineral cooperation

Japan, Vietnam seek deeper energy, mineral cooperation

0
Japan spends over US$30bil to support the Yen

Japan spends over US$30bil to support the Yen

0
Spirit Airlines prepares to shut down operations overnight

Spirit Airlines prepares to shut down operations overnight

0
S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week

S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week

0
YesAsia Holdings Replicates Record High Half-Year Results: Revenue Grows 23.2% to US$301.51 Million; Net Profit Surges 30.0% to US$18.30 Million

YesAsia Holdings Replicates Record High Half-Year Results: Revenue Grows 23.2% to US$301.51 Million; Net Profit Surges 30.0% to US$18.30 Million

August 29, 2026
Berjaya Corp registers revenue of RM8.99 billion for FY26

Berjaya Corp registers revenue of RM8.99 billion for FY26

August 29, 2026
CIMB delivers net profit of RM1.93 billion for second quarter 2026

CIMB delivers net profit of RM1.93 billion for second quarter 2026

August 29, 2026
Mah Sing second-quarter net profit up 9.8% year-on-year to RM72.47 million

Mah Sing second-quarter net profit up 9.8% year-on-year to RM72.47 million

August 29, 2026
RHB Bank Q2 net profit rises slightly to RM807.15 million

RHB Bank Q2 net profit rises slightly to RM807.15 million

August 29, 2026
ADVERTISEMENT
SME

Copyright © 2026 SME.com.my.

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Politics
    • Business
    • World
    • Science
  • Entertainment
    • Gaming
    • Music
    • Movie
    • Sports
  • Tech
    • Apps
    • Gear
    • Mobile
    • Startup
  • Lifestyle
    • Food
    • Fashion
    • Health
    • Travel

Copyright © 2026 SME.com.my.